What CentreBloom payroll does — and doesn't do
We want you to know exactly what you're getting. CentreBloom helps you calculate Canadian payroll deductions, maintain pay records and prepare year-end information. It is a payroll calculation and record-preparation tool — you remain responsible for reviewing figures and completing CRA remittances and filings.
What it does
- Turns timesheets and hours into pay
- Calculates CPP and CPP2 contributions
- Calculates EI premiums
- Calculates federal and British Columbia income tax
- Applies vacation pay at your configured rate
- Produces a gross-to-net breakdown and pay statements
- Helps prepare T4 slips from the year's pay runs
- Keeps organized payroll records
What it doesn't do
- File or remit deductions to the CRA for you — you complete remittances and filings
- Submit Records of Employment (ROEs)
- Process direct deposit or pay money into staff bank accounts
- Automatically update tax rates mid-year (rates are set per tax year in product updates)
- Replace professional accounting, bookkeeping or tax advice
How tax tables are updated
CentreBloom's calculations follow the Canada Revenue Agency payroll formulas for the current tax year (2026), including the annual CPP, CPP2 and EI limits and the federal and BC tax brackets. These figures change each year, so they're updated through product releases as the CRA publishes new amounts — they are not adjusted automatically mid-year.
How to validate your payroll
Because payroll is your legal responsibility, we recommend confirming amounts rather than taking any tool's word for it. The two best checks are the CRA's official Payroll Deductions Online Calculator (PDOC)and your own accountant or bookkeeper. CentreBloom's payroll engine is not a certified CRA calculation service, so always verify figures against current CRA amounts before you remit or file.
Frequently asked questions
Does CentreBloom remit deductions to the CRA?
No. CentreBloom calculates deductions and keeps records; you complete remittances to the CRA on their schedule.
Can it generate a Record of Employment (ROE)?
Not currently. ROEs are submitted through Service Canada; CentreBloom does not produce or file them yet.
Does it pay staff by direct deposit?
No. CentreBloom calculates net pay and produces pay statements; paying staff (e.g. by direct deposit or e-transfer) is done through your bank or payment method.
Can I prepare T4 slips?
Yes. Because pay runs are recorded through the year, CentreBloom helps you prepare T4 slips from data you've already captured.
Are the tax calculations guaranteed accurate?
They follow current CRA formulas, but the engine is not a certified CRA service. Verify figures against the CRA PDOC and consult your accountant — you remain responsible for accuracy and filings.